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微宏控股（MVST）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
BRC Group Holdings, Inc.的季度营收约是微宏控股的2.0倍（$188.3M vs $96.4M），BRC Group Holdings, Inc.净利率更高（47.9% vs 17.2%，领先30.8%），微宏控股同比增速更快（-15.0% vs -21.9%），过去两年微宏控股的营收复合增速更高（8.9% vs -15.4%）
微宏控股是一家电池科技企业，总部位于美国得克萨斯州斯塔福德，在纳斯达克上市。公司主要面向商用电动汽车与并网储能系统，设计、研发并生产电池组件及电池系统，目前在美国、中国、德国均设有生产基地。
MVST vs RILY — 直观对比
营收规模更大
RILY
是对方的2.0倍
$96.4M
营收增速更快
MVST
高出6.9%
-21.9%
净利率更高
RILY
高出30.8%
17.2%
两年增速更快
MVST
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $96.4M | $188.3M |
| 净利润 | $16.5M | $90.3M |
| 毛利率 | 1.0% | 79.5% |
| 营业利润率 | -42.7% | 32.3% |
| 净利率 | 17.2% | 47.9% |
| 营收同比 | -15.0% | -21.9% |
| 净利润同比 | 120.1% | 1710.8% |
| 每股收益（稀释后） | $0.19 | $2.78 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MVSTRILY
| Q4 25 | $96.4M | $188.3M | ||
| Q3 25 | $123.3M | $215.3M | ||
| Q2 25 | $91.3M | $188.2M | ||
| Q1 25 | $116.5M | $197.2M | ||
| Q4 24 | $113.4M | $241.0M | ||
| Q3 24 | $101.4M | $225.5M | ||
| Q2 24 | $83.7M | $256.0M | ||
| Q1 24 | $81.4M | $263.4M |
净利润MVSTRILY
| Q4 25 | $16.5M | $90.3M | ||
| Q3 25 | $-1.5M | $91.1M | ||
| Q2 25 | $-106.1M | $139.5M | ||
| Q1 25 | $61.8M | $-10.0M | ||
| Q4 24 | $-82.3M | $-5.6M | ||
| Q3 24 | $13.2M | $-284.4M | ||
| Q2 24 | $-101.6M | $-433.6M | ||
| Q1 24 | $-24.8M | $-49.2M |
毛利率MVSTRILY
| Q4 25 | 1.0% | 79.5% | ||
| Q3 25 | 37.6% | 83.7% | ||
| Q2 25 | 34.7% | 81.3% | ||
| Q1 25 | 36.9% | 81.4% | ||
| Q4 24 | 36.6% | 79.8% | ||
| Q3 24 | 33.2% | 82.1% | ||
| Q2 24 | 32.5% | 84.5% | ||
| Q1 24 | 21.2% | 85.3% |
营业利润率MVSTRILY
| Q4 25 | -42.7% | 32.3% | ||
| Q3 25 | 10.5% | 30.4% | ||
| Q2 25 | 17.8% | 5.7% | ||
| Q1 25 | 16.3% | -31.2% | ||
| Q4 24 | -1.2% | -69.2% | ||
| Q3 24 | 7.1% | -36.4% | ||
| Q2 24 | -118.0% | -90.8% | ||
| Q1 24 | -28.4% | -6.1% |
净利率MVSTRILY
| Q4 25 | 17.2% | 47.9% | ||
| Q3 25 | -1.2% | 42.3% | ||
| Q2 25 | -116.1% | 74.1% | ||
| Q1 25 | 53.0% | -5.1% | ||
| Q4 24 | -72.6% | -2.3% | ||
| Q3 24 | 13.1% | -126.1% | ||
| Q2 24 | -121.4% | -169.4% | ||
| Q1 24 | -30.5% | -18.7% |
每股收益（稀释后）MVSTRILY
| Q4 25 | $0.19 | $2.78 | ||
| Q3 25 | $0.00 | $2.91 | ||
| Q2 25 | $-0.33 | $4.50 | ||
| Q1 25 | $0.05 | $-0.39 | ||
| Q4 24 | $-0.24 | $-0.01 | ||
| Q3 24 | $0.03 | $-9.39 | ||
| Q2 24 | $-0.32 | $-14.35 | ||
| Q1 24 | $-0.08 | $-1.71 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $105.0M | $226.6M |
| 总债务越低越好 | $13.2M | $1.4B |
| 股东权益账面价值 | $410.5M | $-171.5M |
| 总资产 | $1.0B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.03× | — |
8季度趋势，按日历期对齐
现金及短期投资MVSTRILY
| Q4 25 | $105.0M | $226.6M | ||
| Q3 25 | $90.7M | $184.2M | ||
| Q2 25 | $99.7M | $267.4M | ||
| Q1 25 | $90.9M | $138.3M | ||
| Q4 24 | $73.0M | $146.9M | ||
| Q3 24 | $63.6M | $159.2M | ||
| Q2 24 | $68.2M | $236.9M | ||
| Q1 24 | $39.5M | $190.7M |
总债务MVSTRILY
| Q4 25 | $13.2M | $1.4B | ||
| Q3 25 | $34.4M | $1.3B | ||
| Q2 25 | $34.2M | $1.3B | ||
| Q1 25 | $41.3M | $1.4B | ||
| Q4 24 | $41.1M | $1.5B | ||
| Q3 24 | $53.4M | — | ||
| Q2 24 | $34.2M | — | ||
| Q1 24 | $43.0M | — |
股东权益MVSTRILY
| Q4 25 | $410.5M | $-171.5M | ||
| Q3 25 | $358.1M | $-260.5M | ||
| Q2 25 | $356.1M | $-351.7M | ||
| Q1 25 | $454.2M | $-496.8M | ||
| Q4 24 | $387.9M | $-488.2M | ||
| Q3 24 | $486.1M | $-497.6M | ||
| Q2 24 | $455.0M | $-218.3M | ||
| Q1 24 | $546.1M | $228.4M |
总资产MVSTRILY
| Q4 25 | $1.0B | $1.7B | ||
| Q3 25 | $1.0B | $1.7B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $982.9M | $1.5B | ||
| Q4 24 | $951.9M | $1.8B | ||
| Q3 24 | $997.9M | $2.2B | ||
| Q2 24 | $961.4M | $3.2B | ||
| Q1 24 | $1.0B | $5.0B |
负债/权益比MVSTRILY
| Q4 25 | 0.03× | — | ||
| Q3 25 | 0.10× | — | ||
| Q2 25 | 0.10× | — | ||
| Q1 25 | 0.09× | — | ||
| Q4 24 | 0.11× | — | ||
| Q3 24 | 0.11× | — | ||
| Q2 24 | 0.08× | — | ||
| Q1 24 | 0.08× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $16.4M | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $15.8M | — |
| 自由现金流率自由现金流/营收 | 16.4% | — |
| 资本支出强度资本支出/营收 | 0.7% | — |
| 现金转化率经营现金流/净利润 | 0.99× | 0.29× |
| 过去12个月自由现金流最近4个季度 | $56.1M | — |
8季度趋势，按日历期对齐
经营现金流MVSTRILY
| Q4 25 | $16.4M | $26.2M | ||
| Q3 25 | $15.2M | $-60.6M | ||
| Q2 25 | $37.2M | $-25.6M | ||
| Q1 25 | $7.2M | $184.0K | ||
| Q4 24 | $6.1M | $-2.7M | ||
| Q3 24 | $-5.4M | $19.5M | ||
| Q2 24 | $111.0K | $111.5M | ||
| Q1 24 | $2.0M | $135.4M |
自由现金流MVSTRILY
| Q4 25 | $15.8M | — | ||
| Q3 25 | $1.2M | — | ||
| Q2 25 | $34.3M | — | ||
| Q1 25 | $4.8M | — | ||
| Q4 24 | $5.7M | — | ||
| Q3 24 | $-19.6M | — | ||
| Q2 24 | $-2.8M | — | ||
| Q1 24 | $-8.2M | — |
自由现金流率MVSTRILY
| Q4 25 | 16.4% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 37.5% | — | ||
| Q1 25 | 4.1% | — | ||
| Q4 24 | 5.1% | — | ||
| Q3 24 | -19.3% | — | ||
| Q2 24 | -3.4% | — | ||
| Q1 24 | -10.1% | — |
资本支出强度MVSTRILY
| Q4 25 | 0.7% | — | ||
| Q3 25 | 11.3% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 14.0% | — | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | 12.6% | — |
现金转化率MVSTRILY
| Q4 25 | 0.99× | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.41× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MVST
| Europe | $35.1M | 36% |
| CN | $32.5M | 34% |
| US | $21.5M | 22% |
| Other | $7.2M | 8% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
